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Nine months 2014 Earnings Highlights

Jul 30, 2013

CEO Jean-Pierre Clamadieu comments on results :

Solvay demonstrated robust earnings performance in the first nine months of this year, reflecting the benefits of its ongoing transformation and portfolio reshaping. Innovations at our growth engines Advanced Formulations and Advanced Materials strengthened their already solid market positions, resulting in substantial volume increases. Continuous excellence measures helped to secure pricing power and offset fixed cost inflation. All in all, Solvay expanded its strong operating margin by 110 basis points to 17.9% on net sales and grew its operating profit by more than 10 percent in the year so far.

Nine months 2014 - Key financial indicators

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Solvay reiterates its confidence for 2014 and confirms that it expects high single-digit REBITDA growth. While vigilant about the uncertain and challenging macro-economic and geopolitical context, the Group is well-positioned to grow its earnings in this last quarter compared to last year and is determined to generate a strong free cash flow.